Bend Real Estate Team

RANDALL & LEIGHSA FRANCIS

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Complete the form below for your personalized list of Foreclosed properties in Central Oregon.

In this ever changing Real Estate market, Knowledge is Power.

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Foreclosure Information:
A situation in which a mortgage lender takes possession of the property because the borrower has not made payments on interest or principal for a certain period of time. Once the lender takes over the property, it usually sells at a discounted price so as to recover the amount lost on the mortgage loan. Foreclosure results in a loss for the lender and is obviously quite detrimental to the borrower; as a result, it is the last resort. Most of the time, lenders attempt to work with the borrower to come up with a better solution, such as extending the repayment period in order to lower payments.

If you have any questions or want information on the Foreclosure market in Central Oregon, Call us at 541-419-2883 or 541-419-7297.

Leighsa Francis - Principal Broker
Randall Francis - Broker
Cushman & Tebbs Sotheby's International Realty
541-419-2883 541-419-7297

Francis@Bend-Broker.com